noun
- the process by which businesses, technologies, and cultures spread and become integrated across the world, reducing barriers between countries
Usage: British spelling; American English uses 'globalization'; often used in academic, economic, and political contexts
Examples
- Globalisation has made it easier for companies to do business in multiple countries.
- The spread of the internet accelerated globalisation in the late 20th century.
- Some people worry that globalisation threatens local cultures and traditions.
- Trade agreements have been a major driver of globalisation.
- Globalisation has created both economic opportunities and challenges for developing nations.
- The pandemic temporarily slowed globalisation as countries restricted travel and trade.